Are the following statement true or false? Give reason.
An increase in demand for imported goods raises the supply for foreign exchange.

Giving reason, state whether the following statement are true or false.
In balance of payments, repayment of loans by Indian Government to American Government will be reflected as debit item.

Balance of trade is the difference between export of services and import of services of a country. (True/ False)

Giving reason, state whether the following statement are true or false.
Unilateral transfers received from abroad will be recorded as a credit item of BOP on current account.

Giving reason, state whether the following statement are true or false.
Autonomous transactions take place in current account only.

Giving reason, state whether the following statement are true or false.
Borrowing by government from World Bank to finance the BOP deficit will be recorded in the capital account.

Are the following statement true or false? Give reason.
Revaluation and appreciation of currency are one and the same thing.

When in order to buy 1 US dollar ₹ 65 are needed instead of ₹ 60 earlier, domestic currency shows appreciation. (True/ False)

Giving reason, state whether the following statement are true or false.
Accommodating items of trade are undertaken in order to maintain the balance in the BOP account.

Are the following statement true or false? Give reason.
In spot market sale and purchase of foreign currency is settled on a specified future date.